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Suppose a State of North Carolina bond will pay $1,000 ten years from now. If the going interest rate on these 10-year bonds is 3.7%,

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Suppose a State of North Carolina bond will pay $1,000 ten years from now. If the going interest rate on these 10-year bonds is 3.7%, how much is the bond worth today? Select the correct answer. O a. $695.36 O b. $679.96 O c. $710.76 O d. $703.06 e. $687.66

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